NUDGE™, MANAGED SERVICE FOR FINANCIAL ADVISERS
Nudge™ is a complete and non-prescriptive portfolio monitoring and portfolio review managed service, operated by Financial Simplicity. Nudge includes the establishment, configuration (“training”), connection and ongoing management of Taylor™.
Nudge™ has been developed to serve the needs of advisory firms that:
- provide portfolio advice to clients as part of their proposition, usually through advisers
- typically make use of a document such as a ‘record of advice’ to liaise with clients
- Are seeking robotic efficiencies and compliance risk management to support advisers delivering portfolio advice using an outsource service provider
- Make use of an investment platform with electronic data access to feed Financial Simplicity’s systems
Nudge™ provides a prompt portfolio compliance monitoring and decision support service to present investment advisers with portfolio alerts, prepares relevant advice documents and with supporting order management. If required the Nudge™ service can deliver order instructions directly into connected integrated trading systems.